
PyroGenesis Reports Voting Results from 2025 Annual Meeting of Shareholders
http://pyrogenesis.com
) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announced the voting results from its annual meeting of shareholders held on June 26, 2025, in a virtual format.
A total of approximately 38% of the issued and outstanding common shares of PyroGenesis were represented at the meeting.
All of the nominees for election as directors of PyroGenesis referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows:
Shareholders also approved the reappointment of Raymond Chabot Grant Thornton LLP as auditor of PyroGenesis.
Final voting results on all matters voted on at the meeting can be found under PyroGenesis' profile on SEDAR+ at
www.sedarplus.ca
.
About PyroGenesis Inc.
PyroGenesis Inc., a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 'dirty' processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis' shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1).
Cautionary and Forward-Looking Statements
This press release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'targets', 'expects' or 'does not expect', 'is expected', 'an opportunity exists', 'is positioned', 'estimates', 'intends', 'assumes', 'anticipates' or 'does not anticipate' or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might', 'will' or 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance.
Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under 'Risk Factors' in PyroGenesis' latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis' profile on SEDAR+ at
www.sedarplus.ca
. These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws.
Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release.
For further information please contact:
Rodayna Kafal, Vice President, IR/Comms. and Strategic BD
E-mail:
ir@pyrogenesis.com
http://www.pyrogenesis.com

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Wire
44 minutes ago
- Business Wire
GAMCO's Project Fishbowl Enters Next Phase
GREENWICH, Conn.--(BUSINESS WIRE)--On behalf of shareholders of Gabelli Value 25 Fund and its affiliates ('GAMCO'), and the approximately 750 separately managed GAMCO advisory clients who held Paramount Global ('Paramount') Class A shares prior to Paramount's August 7, 2025 merger with Skydance Corporation ('Skydance'), GAMCO today filed a class action in Delaware Chancery Court. The class action seeks damages for the unfair and inequitable merger consideration that National Amusements, Inc. ('NAI') and its affiliates received versus the consideration received by Class A shareholders other than NAI. GAMCO has been pursuing 'Project Fishbowl' since Skydance and Paramount announced the transaction last July. GAMCO initially began Project Fishbowl with a books and records request to Paramount under Delaware's General Corporation law. Paramount produced thousands of documents that did not provide the transparency GAMCO needed to assess the fairness of the transaction to all Class A shareholders. Based on public documents and the disclosures that the Paramount special committee produced confirming that the special committee assigned no value to the non-Paramount assets of NAI, it appears that NAI received in excess of $60/share for its Class A shares while GAMCO and other similarly situated shareholders received a mere $23/share. Christopher Marangi, Co-CIO Value, GAMCO Investors, Inc. (OTCQX: GAMI), said, 'GAMCO has an obligation to pursue this case on behalf of its clients. GAMCO voiced its concerns early in the process and asked at minimum for more transparency regarding what NAI was receiving for their identical Paramount voting shares. GAMCO also requested, as is customary in these types of control transactions, that the merger be put to a vote of the minority shareholders. These concerns were ignored and, lacking the ability to continue holding voting shares in the new Paramount entity, GAMCO was forced to redeem its shares for cash. We now look to the Courts to rectify the situation.' GAMCO looks forward to seeing Project Fishbowl through to conclusion for all Class A shareholders. GAMCO Investors, Inc., through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC) and is known for its Private Market Value with a Catalyst™ style of investment.
Yahoo
2 hours ago
- Yahoo
Raymond James Slashes PT on Axogen (AXGN) to $20 From $21
Axogen, Inc. (NASDAQ:AXGN) is one of the . On August 6, Raymond James analyst Jayson Bedford lowered the firm's price target on Axogen, Inc. (NASDAQ:AXGN) to $20 from $21, keeping an Outperform rating on the shares. An orthopedic surgeon connecting peripheral nerves with AxoGuard Nerve Connector, showing the precision and care of AxoGuard's products. The analyst told investors in a research note that Axogen, Inc.'s (NASDAQ:AXGN) Q2 results exhibited a step-up in momentum, with gross margin and revenue growth both demonstrating an improvement. He added that while the low end of H2 guidance points towards a growth deceleration, it appears to be conservative given recent trends and contribution from newly added reps. Axogen, Inc. (NASDAQ:AXGN) develops and markets surgical solutions for peripheral nerve regeneration and repair. The company's products include avive soft tissue membrane, acroval neurosensory and motor testing system, avance nerve graft, axoguard nerve connector, axoguard nerve protector, and more. While we acknowledge the potential of AXGN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Wire
4 hours ago
- Business Wire
CI Financial and Mubadala Capital Announce Completion of Take-Private Transaction by Mubadala Capital
TORONTO--(BUSINESS WIRE)--CI Financial Corp. (' CI ' or the ' Corporation ') (TSX: CIX) and Mubadala Capital today announced the successful completion, effective August 12, 2025, of the previously announced acquisition of CI, one of North America's leading diversified asset and wealth management companies. The C$12.1-billion transaction marks a significant milestone in Mubadala Capital's growth ambitions, accelerating its expansion into private wealth management and cementing its position at the forefront of a rapidly evolving sector. This is an exciting new chapter for CI. … Together, we are uniquely positioned to expand our capabilities, accelerate growth and unlock even greater value for the clients we serve. The transaction was completed by way of a statutory plan of arrangement (the 'Arrangement') under the Business Corporations Act (Ontario). Pursuant to the terms of the Arrangement, among other things, Mubadala Capital acquired all of the issued and outstanding common shares of the Corporation (' CI Shares ') for cash consideration equal to C$32.00 per share, other than Rollover Shares (as defined below). The transaction valued CI's equity at approximately C$4.7 billion and implies an enterprise value of approximately C$12.1 billion. With this transaction, Mubadala Capital now manages, advises, and administers for clients and limited partners over US$430 billion in combined assets through its asset managers and strategic partners, including CI and its affiliates. The scale underscores Mubadala Capital's vision to build a leading asset management platform that combines institutional-quality alternative investments across multiple asset classes and geographies, including private equity, credit, special opportunities with a focus on Brazil and other alternative investments, with comprehensive wealth management services. 'This is an exciting new chapter for CI. In Mubadala Capital we've found the perfect partner – one who shares our aspirations and is committed to supporting the next phase of our journey,' said Kurt MacAlpine, Chief Executive Officer of CI. 'Together, we are uniquely positioned to expand our capabilities, accelerate growth and unlock even greater value for the clients we serve.' CI's headquarters remains in Toronto and the firm continues to operate independently under its current corporate structure, strategy, brand names and management team, led by Mr. MacAlpine. The CEO is rolling all 1 of his equity into the continuing company in partnership with Mubadala Capital, demonstrating his commitment to their shared vision for CI. With the transaction now closed, CI gains access to Mubadala Capital's global network and capital resources to accelerate strategic initiatives and capitalize on new opportunities in the evolving asset and wealth management landscape in North America and globally. In particular, the transaction positions CI to continue the expansion of Corient, its U.S. subsidiary. The deal preserves Corient's unique private partnership model, which has been a key driver of its success. "CI Financial is an incredible business that aligns closely with Mubadala Capital's long-term vision and strategy,' said Hani Barhoush, CEO and Managing Director of Mubadala Capital. 'By combining CI's wealth management expertise and long-standing client relationships with our alternative investment capabilities and global reach, we are building a differentiated platform focused on the thoughtful stewardship of capital — helping clients grow, preserve, and manage wealth across generations, while driving innovation in how wealth is served.' The transaction builds on Mubadala Capital's deep expertise in building and scaling complex, multi-jurisdictional businesses and positions the firm to support CI's continued growth and innovation in serving clients. Action Required by CI Shareholders Registered shareholders of CI are reminded to submit a duly completed letter of transmittal and, as applicable, the certificate(s) representing their common shares, to Computershare Investor Services Inc. (' Computershare '). Registered shareholders who have questions or require assistance can contact Computershare toll free at 1-800-564-6253 in North America, or at 1-514-982-7555 outside North America, or by email at corporateactions@ With the Arrangement now complete, CI's common shares are expected to be delisted from the Toronto Stock Exchange (' TSX ') shortly after the date hereof; however, CI will remain a reporting issuer in each of the provinces of Canada. For additional details regarding the Arrangement, see CI's management information circular dated January 7, 2025, (the ' Information Circular ') a copy of which can be found under CI's issuer profile on SEDAR+ at Board of Directors Changes In connection with completion of the Arrangement, William Butt, Brigette Chang, Paul J. Perrow and Sarah Ward have resigned as directors of CI and were replaced by Samuel Merksamer, Murat Konuk and Glyn Barker. William Holland and Kurt MacAlpine will remain as directors of CI following completion of the Arrangement. Mr. Merksamer is an Executive Director at Mubadala Capital (since 2024). He previously was a Partner at One Investment Management from 2022 to 2024. Prior to then, Mr. Merksamer was a Partner at SoftBank Investment Advisers and a Managing Director at SB Management, an affiliate of SoftBank, from 2019 to 2022. From 2017 to 2019, he was a co-founder of Caligan Partners, L.P., an investment firm. Mr. Merksamer was a Managing Director of Icahn Capital LP, a subsidiary of Icahn Enterprises L.P., from 2008 to 2016. Mr. Merksamer has an A.B. degree, Economics from Cornell University. Mr. Konuk joined Mubadala Capital in 2023 and is a Senior Principal on the Private Equity Team. Prior to joining Mubadala Capital, Mr. Konuk worked at a number of private equity firms, including Blackstone and Castle Harlan. Mr. Konuk graduated from Rice University with a B.A. in Mathematical Economic Analysis. Mr. Barker was Managing Partner of PricewaterhouseCoopers LLP UK ('PwC') from 2006 to 2008 and then served as Vice Chairman from 2008 to 2011. Mr. Barker joined PwC in 1975 and became an audit partner in 1987. He then established PwC's private equity-focused Transactions Services business and led the UK Audit Practice. Since leaving PwC in 2012, Mr. Barker has served as a director of several public companies including Aviva plc (Senior Independent Director), Berkeley Group Holdings plc (Chairman) and Transocean Limited. Mr. Barker received his Bachelor of Science degree in Economics & Accounting from the University of Bristol in 1975 and is a Chartered Accountant. Early Warning Disclosure of Mubadala Capital Pursuant to the Arrangement, MC Accelerate Co-Invest LP (the ' Mubadala Investor '), an entity managed by Mubadala Capital Management UK LLP, indirectly, via Accelerate Holdings Corp., acquired all of the CI Shares (other than the CI Shares held by Mr. MacAlpine, a director and the CEO of CI (the " Rollover Shares")) for a price of C$32.00 per CI Share. MC Accelerate Holdings LP (' Holdings LP '), a limited partnership that is an affiliate of the Mubadala Investor, acquired all of the Rollover Shares in exchange for class A interests of Holdings LP at an implied value of C$32.00 per Rollover Share. The Rollover Shares have since been contributed to Accelerate Holdings Corp. In aggregate, the Mubadala Investor paid C$4,599,384,096 to acquire all of the CI Shares. Immediately prior to the completion of the Arrangement, the Mubadala Investor did not beneficially own, directly or indirectly, or exercise control or direction over, any CI Shares or any securities convertible into or exercisable for CI Shares. Following the completion of the Arrangement on August 12, 2025 and certain internal reorganization transactions completed immediately thereafter, the Mubadala Investor owned, indirectly through Accelerate Holdings Corp., 144,228,914 CI Shares, representing 100% of the issued and outstanding CI Shares. The Mubadala Investor acquired the CI Shares to acquire indirect control over CI as a strategic, long-term investment. However, the Mubadala Investor intends to review its investment in CI on a continuing basis and may, from time to time and at any time, and depending on market and other conditions, elect to sell all or a portion of its interest in CI or cause CI to divest a portion of its assets or reorganize the business of CI, depending on a number of factors, including general market and economic conditions and other factors and conditions the Mubadala Investor deems appropriate. In addition, Accelerate Holdings Corp. has obtained a final order of the Ontario Superior Court of Justice (Commercial List) approving a subsequent arrangement under section 182 of the Business Corporations Act (Ontario) pursuant to which CI will amalgamate with Accelerate Holdings Corp., with CI continuing its existence as the surviving corporation and an indirect wholly-owned subsidiary of the Mubadala Investor and Accelerate Holdings Corp. ceasing to exist (the ' Amalgamation Arrangement '). It is expected that the Amalgamation Arrangement will be completed within the next week. The Mubadala Investor is a limited partnership existing under the laws of England & Wales and its manager, Mubadala Capital Management UK LLP, is a limited liability partnership existing under the laws of England & Wales. Both have head offices located at 25 Berkeley Square, W1J 6HN, London, England. An early warning report will be filed by the Mubadala Investor under applicable Canadian securities laws and once filed will be available on CI's SEDAR+ profile at A copy of such report may also be obtained from: Rodney Cannon General Counsel UAE +971 2 236 1003 UK +44 20 3650 3333 US +1 929 562 5151 Advisors to the transaction INFOR Financial served as exclusive financial advisor and Wildeboer Dellelce LLP served as legal advisor to the Special Committee of the CI Board of Directors. Stikeman Elliott LLP and Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisors to CI. RBC Capital Markets was also an advisor to CI. Jefferies Securities Inc. acted as lead financial advisor to Mubadala Capital and Blake, Cassels & Graydon LLP, and Latham & Watkins LLP served as legal advisors to Mubadala Capital. FGS Longview acted as strategic communications and public affairs advisor to Mubadala Capital. BMO Capital Markets was also an advisor to Mubadala Capital. About CI Financial CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. Founded in 1965, Toronto-based CI has developed world class portfolio management talent, extensive capabilities in all aspects of wealth planning, and a comprehensive product suite. CI operates in three segments: Asset Management, which includes CI Global Asset Management, which operates in Canada, and GSFM, which operates in Australia. Canadian Wealth Management, operating as CI Wealth, which includes CI Assante Wealth Management, Aligned Capital Partners, CI Assante Private Client, CI Private Wealth, Northwood Family Office, CI Coriel Capital, CI Direct Investing, CI Direct Trading and CI Investment Services. U.S. Wealth Management, which includes Corient Private Wealth, an integrated wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States. CI's head office is located at 15 York St., 2nd Floor, Toronto, Ontario, M5J 0A3, Canada. To learn more, visit CI's website or LinkedIn page. About Mubadala Capital Mubadala Capital is a global alternative asset management platform that manages, advises and administers for clients and limited partners over $430 billion in assets through its asset managers and strategic partnerships. A subsidiary of Mubadala Investment Company, Mubadala Capital combines the scale and stability of sovereign ownership with the agility and focus of a performance-driven global alternative asset management firm. Mubadala Capital's wholly owned businesses invest across multiple asset classes and geographies, including private equity, special opportunities with a focus on Brazil, and other alternative investments. Additionally, Mubadala Capital maintains a portfolio of strategic businesses and partnerships in private wealth, credit, insurance and real estate, amongst other areas. Mubadala Capital has a team of over 200 professionals across 5 offices – Abu Dhabi, New York, London, San Francisco, and Rio De Janeiro – and serves as a partner of choice to institutional and private investors seeking differentiated risk-adjusted returns across various private markets and alternative asset classes. Note Regarding Forward-Looking Statements This press release contains 'forward-looking information' within the meaning of applicable Canadian securities laws. Forward-looking information may relate to CI's future outlook and anticipated events or results and may include information regarding CI's financial position, business strategy, growth strategy, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding CI's expectations of future results, performance, achievements, prospects or opportunities, including the delisting of the CI common shares and the completion of the Amalgamation Arrangement, is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'targets', 'expects' or 'does not expect', 'is expected', 'an opportunity exists', 'budget', 'scheduled', 'estimates', 'outlook', 'forecasts', 'projection', 'prospects', 'strategy', 'intends', 'anticipates', 'does not anticipate', 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might', 'will', 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent CI management's expectations, estimates and projections regarding future events or circumstances. Undue reliance should not be placed on forward-looking information. The forward-looking information in this press release is based on CI's opinions, estimates and assumptions in light of CI's experience and perception of historical trends, current conditions and expected future developments, as well as other factors that CI currently believes are appropriate and reasonable in the circumstances. Despite a careful process to prepare and review the forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Further, forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, those described in this press release and the Information Circular. The belief that the investment fund industry and wealth management industry will remain stable and that interest rates will remain relatively stable are material factors made in preparing the forward-looking information and CI management's expectations contained in this press release and that may cause actual results to differ materially from the forward-looking information disclosed in this press release. In addition, factors that could cause actual results to differ materially from expectations include, among other things, the timing of completion of delisting, the possibility that Amalgamation Agreement may not be completed on time or at all, general economic and market conditions, including interest and foreign exchange rates, global financial markets, the impact of pandemics or epidemics, changes in government regulations or in tax laws, industry competition, technological developments and other factors described or discussed in CI's disclosure materials filed with applicable securities regulatory authorities from time to time. Additional information about the risks and uncertainties of the CI's business and material risk factors or assumptions on which information contained in forward‐looking information is based is provided in the CI's disclosure materials, including the CI's annual information form dated March 20, 2025 and any subsequently filed interim management's discussion and analysis, which are available under CI's profile on SEDAR+ at There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents CI's expectations as of the date of this news release and is subject to change after such date. CI disclaims any intention or obligation or undertaking to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.